Selective Insurance In Pact with Alterra to Write Policy

Selective Insurance Group, Inc. SIGI today announced that its subsidiaries have entered into renewal rights and related agreements with subsidiaries of Alterra Capital Holdings Limited to write commercial lines contract binding authority excess and surplus policies, expanding Selective's product offerings to agents and customers.   The deal is expected to close on August 1, 2011.  The Alterra commercial lines contract binding authority E&S business generated gross premiums written of $77 million in 2010.